Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1887-03-25

iuCcl iub vi thV ~ '''"N"INi ~
woul d it do for Governor Lee anC
othe ~ in authority to communicate
at o nee with the head of the credi
tors and ascertain what IL then
ultn RGtum. If they are unwilling
to a ccept the terms of the Riddle
berger bill what are their terms
If 1927 900, 900 OF principal and ;
per CO mt. interest will not please
them what will : This Is the point
to be settled at once, and the best
way to- facilitate it is to have The
bondh olders and the Legislature
face to face when the extra session
assent lies.
[Clark Courier
If th Legislature shall succeed
in enat ting any measure that viii
bride the litigiOus disposition Of
the cOa nsel of the bOndbOIders, the
state " i'll be repaid for the expense
INQUIRE d on account of the extra
session, There is a proposition
that 5h g extra session shall pass an
amendment to the constitution re
quiFiDg all bonds to be funded upon
the terms of the Riddeberger act
by a certain date, or else they shall
become void. AS an amendment
20 the constitution has to 60 through
two Legislatures before 1t can be
submitted to the people, and as a
new Legislature will be chosen
next fail, such an amendment car
be expedited by an extra session
this spring.
There is no doubt that the Bond
Royal compact for the persecution
of Virginia has made possible the
passage of such an amendment
With this amendment as part Of
our organic law, the bondholders
will be forcibly and imperatively
notified that they must rest their
claims upon the people OF Virginia,
instead of upon Judge Bond and
Mr.. Royal.
Petersburg Index-Appeal ]
They that have followed with
any degree of intelligence and care
the current of discussion Of the
state debt, will find Governor Lees
message a distinct disappointment
so for as relates to a practicable set
I Element of that question. Indeed,
( that document is merely restate.
ment of the views heretofore adj
vanced by the supporters of the
Riddleberger act, and re-aflirma-
ton Of the duty of the Legislature
to uphold that measure by further
obstructive legislation, nOtwlth-
standing the solemn DEGREES Of the
highest court in this country. If
such recommendations were to re-
ceive the sanction of legislative en-
actment the effect, of course, would
be prolonged and expensive litiga-
ton, in which designing dema-
gogues in both parties-agitatOrs
and disturbers Of the public peace
for their own selfish ends-would
reap a rich harvest. This is par
ticularly true of the scheme which
Governor Lee recommends, but
which we modestly venture to pre-.
dict will no more stand the test OF
inquiry by the Supreme Court than
the Riddlebeger bill itself, which
the Governor strangely assumes to
have been once pronounced consti-
tutional by that court.
page Courier Republican).l
Iflegislation on the debt question
be assigned as the reason, let the
people understand that this same
Legislature which Is now to be as
sembled in extra session, has had n
regular session, continuing during
the whole of the constitutional lluI-
it, and if it had not wisdom and
craftsmanship enough to take need
ed action then IN regard to this
matter, but little can be expected
of it now. Indeed, the confusion
and complication of the debt ques.
ton, which they now urge rs "A
reason for reassembling the Legis-
Iature, is due in large measure, if
not entirely, to the very acts passed
by it IN the regular session.
bedford Index
The same body which now meets
has already exhausted It's ingenuity
in devising measures to defeat the
collection of coupons and render Of
fective the Riddleberger bill, but
these measures have failed to stand
the test of the courts. Can it ac-
complish more in that direction =?
We believe not; and yet we can
scarce dare hope that it will direct
its action towards the accomplish
ment of what would prove all in
estimable boon to the state-an
agreement with its creditors.
[Lynchburg News.l
We fear Governor Lee has ms.
taken the situation, and that the
course recommended by him in-
wolves further serious compiled
tions. If it be true that Virginia
can pay no more than the Riddle
berger bill prescrlbes, the creditors
have practically said that they will
exact no more (; bat when it is pro.
posed that the commission to meet
the creditors is to be hampered by
such restrictions as those indicated
in the Governors message, how
can the bondholders be expected TO
confde in the good intentions Of
the statei Furthermore, we feel
certain that the device proposed by
Governor Lee for fighting the cou.
pons will not stand the test of IN
curry by the United States Supreme
Court, but that it will meet the
fate that befell preceding measures
of similar description.
WythevIlIe Enterprise, March 16:
Mr.. RiddIeberger will be the big.
gest of all the big men in the next
United States Senate. His Repub.
lican allies will doubtless treat him
with much more respect and con.
sideratiOn than when they refused
to confirm him as Sergeant-at-Arms
Of that body.
[Richmond Whig-l
Tho nomncrnfq nnW hnNn a nnnl